YEARLY HIGH
18.8454 JMD
YEARLY LOW
17.9539 JMD
YEARLY AVERAGE
18.4962 JMD

2017 BOB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 18.8454. Conversely, the yearly low was recorded on December 28, dropping to 17.9539.

This high-to-low spread represents a total annual volatility of 0.8915 JMD. From a start-to-finish perspective, comparing the January average rate of 18.6175 to the December average rate of 18.0993, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 18.8454 was up 0.71% compared to the 2016 peak of 18.7134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 94,227 JMD
2016 Average 90,671 JMD
Yearly Trough Low 89,769 JMD
Transaction Impact: A difference of 4,457.68 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

18.7636
18.0389
JanuMarcMayJulySeptNove

BOB to JMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18.6276, compared to 18.3648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2627 points.

H1 Avg (Jan–Jun) 18.6276
H2 Avg (Jul–Dec) 18.3648

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.4995 JMD (High: 18.8358 / Low: 18.3364). On the other end, January was the most stable month, with a tight range of 0.1266 JMD (High: 18.7036 / Low: 18.5769).

September Spread (Volatile) ±0.4995
January Spread (Stable) ±0.1266

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3355 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 18.7032) against the same month in 2016 (average: 18.1918), the exchange rate shifted by +0.5114 (+2.81%).

2017 Avg (June) 18.7032
2016 Avg (June) 18.1918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.7036 18.5769 18.6175
February 18.6716 18.5248 18.6043
March 18.6993 18.5448 18.5884
April 18.7274 18.5499 18.6142
May 18.7442 18.4983 18.6378
June 18.8454 18.6403 18.7032
July 18.6922 18.3157 18.4334
August 18.5093 18.1646 18.3482
September 18.8358 18.3364 18.6019
October 18.8449 18.3457 18.5209
November 18.3525 18.0539 18.1854
December 18.2596 17.9539 18.0993